Allspring Global Investments Holdings LLC Boosts Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Allspring Global Investments Holdings LLC lifted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,667 shares of the company's stock after acquiring an additional 2,585 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.07% of Take-Two Interactive Software worth $24,104,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TTWO. State Street Corp increased its holdings in Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company's stock worth $1,675,241,000 after purchasing an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Take-Two Interactive Software by 13.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company's stock worth $828,994,000 after buying an additional 648,982 shares during the period. Assenagon Asset Management S.A. grew its position in shares of Take-Two Interactive Software by 1,780.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company's stock worth $70,807,000 after buying an additional 436,150 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Take-Two Interactive Software by 10.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company's stock valued at $651,817,000 after acquiring an additional 417,325 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Take-Two Interactive Software by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company's stock valued at $614,511,000 after acquiring an additional 134,767 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

TTWO traded down $1.05 during midday trading on Wednesday, reaching $215.33. The company had a trading volume of 1,219,608 shares, compared to its average volume of 1,816,650. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75. The business has a 50-day moving average price of $189.11 and a two-hundred day moving average price of $171.79. The stock has a market cap of $38.01 billion, a PE ratio of -10.10, a P/E/G ratio of 6.52 and a beta of 0.89. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Moffett Nathanson raised their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Morgan Stanley raised their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Roth Mkm upped their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. StockNews.com cut Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Finally, Stifel Nicolaus upped their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and an average price target of $210.55.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company's stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.45% of the stock is owned by company insiders.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.